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Total New Home Sales 32,824 in 2012

The latest BILD/RealNet press release is available HERE

Below are the highlights – you can also download the full statistical backgrounder HERE

 

SUMMARY HIGHLIGHTS & PERSPECTIVES

December Sales Results 5th highest November High Rise sales on record (13 yrs.) 2nd lowest November Low Rise sales on record (13 yrs.) 2nd lowest Total November new home sales on record (13 yrs.)

2012 Sales Results 4th highest yearly High Rise sales on record, +14% higher than the long term average 2nd lowest yearly Low Rise sales on record, ?40% lower than the long term average 2nd lowest Total yearly new home sales, ?18% lower than the long term average

RealNet Index Price High Rise Index Price +0.4% increase from prior year Low Rise Index Price +16% increase from prior year

Remaining Inventory Remaining High Rise inventory at 3rd highest level on record Remaining Low Rise inventory at 2nd highest level since Dec. 2010 but still very low Remaining Total new home inventory within the long term normal range

Source: RealNet Canada

 

Casey Ragan

“Toronto’s Condo Authority”

Toronto Condos and Lofts

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